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AROUND THE WEB

If you want to know the effect Uber and Lyft are having on New York City’s yellow cabs, just take a ride to JFK’s taxi parking lot. At any time of day, there are hundreds of cabbies waiting desperately, most of the time for hours, in hopes of grabbing the industry’s consolation prize — a...

A cab veered into a group of pedestrians in Boston, injuring at least nine people Monday afternoon, police said. The crash appeared to have been caused by a taxi driver who hit the gas instead of the brake, a source told WCVB-TV. Massachusetts State Police said in a tweet that the vehicle struck the pedestrians...

Here are some dirty little secrets known only to cab drivers for sure — but suspected by many others. Drivers sometimes leave the “off duty” sign on the top of their cab illuminated until they see a profitable fare to pick up. Cabbies will grease hotel doormen’s palms so they’ll steer them to passengers who...

At a time when biotech incubators and shared spaces are beginning to multiply in Manhattan, work on what could rank among the city’s largest biotech centers—if it can all come together—is just getting underway. According to Paul Wexler, a longtime healthcare-focused real estate broker, construction should begin next year on what is being called the […]